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5 Mini Water Power Plants In The First Stage

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  • 5 Mini Water Power Plants In The First Stage

    5 MINI WATER POWER PLANTS IN THE FIRST STAGE

    KarabakhOpen
    14-05-2008 10:49:17

    The meeting of government on May 13 focused on the energy sector,
    and affirmed the program for development of the sector.

    It was announced that it is foreseen to set up 24 or 25 mini water
    power plants as part of a long-term program, 5 of which will be
    built in the first stage. 3 will be built on the river Trghe, 2 on
    the Tartar, near the village of Mataghis.

    The head of the department of industrial infrastructures Valery Balayan
    said in the upcoming 3 years 90 percent of the demand of NKR will
    be supplied, and in the second stage Karabakh will be able to export
    electric power. It was also noted that the sector will be modernized.

    Prime Minister Ara Harutiunyan said the program will be implemented
    on government investments, as well as private, both local and foreign
    investments and the resource of the commercial banks.

    The government has also affirmed the reorganization of Artsakh Water
    Power Plant into an open joint-stock company. The NKR government
    holds the state-owned shares.
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